Mobility Solutions is the largest Bosch Group business sector. It generated sales of 42.1 billion euros in 2020, and thus contributed 59 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading Bosch opens wafer fab of the future in Dresden
Category: Suppliers
Come and see the future in Dresden: the new wafer fab is giving birth to technology for tomorrow’s world
Dr. Volkmar Denner chairman of the board of management, Robert Bosch GmbH, at the ceremony to open the Dresden wafer fab on June 7, 2021 Minister-President Kretschmer, Ladies and Gentlemen, The opening of this new wafer fab here in Dresden is an event we cannot really celebrate in the usual sense. Our pleasure is unfortunately… Continue reading Come and see the future in Dresden: the new wafer fab is giving birth to technology for tomorrow’s world
Bosch opens new wafer fab in Dresden: fully connected, full of artificial intelligence
Ladies and gentlemen, Welcome to Dresden, and to the heart of the European semiconductor industry. A warm welcome to you from one of the world’s most modern factories. Welcome to Bosch! Once again, an event is being held digitally. The continuing pandemic means that we have to stay physically distanced. Yet there is scarcely a… Continue reading Bosch opens new wafer fab in Dresden: fully connected, full of artificial intelligence
NVIDIA Lays the Foundation for Wider AI Adoption
For a decade and a half, Nvidia has been pushed its way into the datacenter, making its presence felt with its GPU accelerators that are designed to improve the performance and power efficiency of servers in HPC and enterprise compute environments and also expanding the opportunities for running highly parallel workloads. In more recent years,… Continue reading NVIDIA Lays the Foundation for Wider AI Adoption
Tilling AI: Startup Digs into Autonomous Electric Tractors for Organics
Who knew AI would have an impact on organic produce markets? Bakur Kvezereli did. Raised on an Eastern European organic tomato farm, he saw labor shortages, pesticide problems and rising energy costs. Years later, studying at MIT in 2014, it dawned on him that AI could help address these issues for farmers. A few years… Continue reading Tilling AI: Startup Digs into Autonomous Electric Tractors for Organics
BorgWarner (BWA) Boosts Electrification Portfolio on AKASOL Takeover
BorgWarner Inc. BWA recently announced the completion of the tender offer for shares of AKASOL AG, making the company the owner of 89.08% of AKASOL’s outstanding shares. BorgWarner has paid roughly 648 million euros to settle the arrangement, with the purchase price being 120 euro per tendered AKASOL share. The transaction will be funded primarily… Continue reading BorgWarner (BWA) Boosts Electrification Portfolio on AKASOL Takeover
BorgWarner Completes Tender Offer For 89% Stake in AKASOL
Multinational automotive supplier BorgWarner (BWA) announced that it has completed the tender offer to buy 89.08% of the outstanding shares of AKASOL. AKASOL designs and manufactures customizable lithium-ion battery systems for buses, commercial, rail, and industrial vehicles, as well as for ships and boats. The company has paid approximately €648 million from its current cash… Continue reading BorgWarner Completes Tender Offer For 89% Stake in AKASOL
UPDATE 1-Daimler’s China venture aims to raise capacity 45% at Mercedes-Benz plants -document
(Adds BAIC Motor shares move) BEIJING, June 7 (Reuters) – Daimler AG’s main China joint venture with BAIC Motor plans to add a shift and working days at two Beijing plants that will boost nominal capacity to make Mercedes-Benz cars by 45%, a document on the venture’s Chinese website showed. The projected upgrade at Beijing… Continue reading UPDATE 1-Daimler’s China venture aims to raise capacity 45% at Mercedes-Benz plants -document
Daimler’s China venture aims to raise capacity 45% at Mercedes-Benz plants -document
BEIJING (Reuters) -Daimler AG’s main China joint venture with BAIC Motor plans to add a shift and working days at two Beijing plants that will boost nominal capacity to make Mercedes-Benz cars by 45%, a document on the venture’s Chinese website showed. The projected upgrade at Beijing Benz Automotive Co (BBAC), 49%-owned by Stuttgart-based Daimler… Continue reading Daimler’s China venture aims to raise capacity 45% at Mercedes-Benz plants -document
China EV Maker Betting on Cult Status to Sell a Million Cars
(Bloomberg) — Since last July, a little-known automaker in China’s southwest has dominated the world’s largest electric car market, outselling bigger players and even Tesla Inc. almost every month with a tiny, bare-bones EV that starts at just $4,500. The Hongguang Mini is the brainchild of SAIC-GM-Wuling Automobile Co., a joint venture between SAIC Motor… Continue reading China EV Maker Betting on Cult Status to Sell a Million Cars